Graphic Education Corp. Bankruptcy.pdf

(Official Form 1) (10/05)

Graphic Education CorporationName of Debtor (if individual, enter Last, First, Middle): Name of Joint Debtor (Spouse) (Last, First, Middle):

United States Bankruptcy Court Voluntary PetitionWestern District of Missouri

All Other Names used by the Joint Debtor in the last 8 yearsAll Other Names used by the Debtor in the last 8 years(include married, maiden, and trade names): (include married, maiden, and trade names):

Last four digits of Soc. Sec. No. / Complete EIN or other Tax I.D. No. (if more than one, state all):

43-1753603

Last four digits of Soc. Sec. No. / Complete EIN or other Tax I.D. No. (if more than one, state all):

Street Address of Joint Debtor (No. & Street, City, and State):Street Address of Debtor (No. & Street, City, and State2000 N. Deerborn CircleColumbia, MO

65203ZIPCODE ZIPCODE

County of Residence or of the Principal Place of Business:Boone

County of Residence or of the Principal Place of Business:

Mailing Address of Joint Debtor (if different from street address):Mailing Address of Debtor (if different from street address):

ZIPCODE ZIPCODE

Location of Principal Assets of Business Debtor (if different from street address above):ZIPCODE

Nature of Business (Check all applicable boxes)

Chapter 15 Petition for Recognition of a Foreign Nonmain Proceeding

Nature of Debts (Check one box)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding

Chapter 13

Nonprofi t Organization qualifi ed under 26 U.S.C. 501(c)(3)

Health Care BusinessSingle Asset Real Estate as defined in 11 U.S.C. 101(51B)

Clearing Bank

Chapter 12Chapter 9Chapter 11Chapter 7

the Petition is Filed (Check one box)Chapter or Section of Bankruptcy Code Under Which

Commodity BrokerStockbrokerRailroad

Other (If debtor is not one of the aboveentities, check this box and provide the information requested below.)State type of entity: ________________________

PartnershipCorporation (includes LLC and LLP)Individual (includes Joint Debtors)

BusinessConsumer/Non-Business

Type of Debtor (Form of Organization)

Chapter 11 Debtors

Filing Fee (Check one box)Full Filing Fee AttachedFiling Fee to be paid in installments (Applicable to individuals only). Must attach signed application for the court's consideration certifying that the debtor is unable to pay fee except in installments. Rule 1006(b) See Official Form 3A

Debtor is a small business as defined in 11 U.S.C. 101(51D).Debtor is not a small business as defined in 11 U.S.C. 101(51D).

Check one box:

Check if:Debtor's aggregate noncontingent liquidated debts owed to non-insiders or affiliates are less than $2 million.

Filing Fee waiver requested (Applicable to chapter 7 individuals only). Must attach signed application for the court's consideration. See Official Form 3B.

(Check one box.)

available for distribution to unsecured creditors.

THIS SPACE IS FOR COURT USE ONLY

Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds Debtor estimates that funds will be available for distribution to unsecured creditors.

Statistical/Administrative Information

OVER100,000

50,001-100,000

25,001-50,000

10,001-25,000

5,001-10,000

1,000-5,000

200-999

100-199

50-99

1-49

Estimated Number of Creditors

$50,000 $100,000 $500,000 $1 million $10 million $50 million $100 million $100 million $0 to $50,001 to $100,001 to $500,001 to $1,000,001 to $10,000,001 to $50,000,001 to More than

Estimated Debts

$50,000 $100,000 $500,000 $1 million $10 million $50 million $100 million $100 million $0 to $50,001 to $100,001 to $500,001 to $1,000,001 to $10,000,001 to $50,000,001 to More thanEstimated Assets

Case 06-20745-drd7 Doc 1 Filed 07/23/06 Entered 07/23/06 16:37:54 Desc Main Document Page 1 of 46

FORM B1, Page 2(Official Form 1) (10/05)Voluntary Petition Name of Debtor(s):

(This page must be completed and filed in every case) Graphic Education Corporation

District: Relationship:

Date Filed:Case Number:Name of Debtor:

Where Filed:Location Date Filed:Case Number:

Judge:

Pending Bankruptcy Case Filed by any Spouse, Partner or Affiliate of this Debtor (If more than one, attach additional sheet)

Prior Bankruptcy Case Filed Within Last 8 Years (If more than one, attach additional sheet)

NONE

NONE

Exhibit A

Exhibit A is attached and made a part of this petition.

Exchange Act of 1934 and is requesting relief under chapter 11)Commission pursuant to Section 13 or 15(d) of the Securities(e.g., forms 10K and 10Q) with the Securities and Exchange(To be completed if debtor is required to file periodic reports

Not Applicable

I have informed the petitioner that [he or she] may proceed under chapterI, the attorney for the petitioner named in the foregoing petition, declare that

whose debts are primarily consumer debts)(To be completed if debtor is an individual

Exhibit B

relief available under each such chapter. I further certify that I have delivered7, 11, 12, or 13 of title 11, United States Code, and have explained the

X

to the debtor the notice required by 342(b) of the Bankruptcy Code.

DateSignature of Attorney for Debtor(s)

I/we request a waiver of the requirement to obtain budget and credit counseling prior to filing based on exigent circumstances (Must attach certification describing.)

I/we have received approved budget and credit counseling during the 180-day period preceding the filing of this petition.

Certification Concerning Debt Counselingby Individual/Joint Debtor(s)

Yes, and Exhibit C is attached and made a part of this petition.No

Does the debtor own or have possession of any property that posesor is alleged to pose a threat of imminent and identifiable harm topublic health or safety?

Exhibit C

Landlord has a judgment against the debtor for possession of debtor's residence. (If box checked, complete the following).

Check all applicable boxes.Statement by a Debtor Who Resides as a Tenant of Residential Property

Debtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the United States in this District. or has no principal place of business or assets in the United States but is a defendant in an action or proceeding [in a federal or state court] in this District, or the interests of the parties will be served in regard to the relief sought in this District.

There is a bankruptcy case concerning debtor's affiliate. general partner, or partnership pending in this District.

Debtor has been domiciled or has had a residence, principal place of business, or principal assets in this District for 180 days immediately preceding the date of this petition or for a longer part of such 180 days than in any other District.

Venue (Check any applicable box)Information Regarding the Debtor (Check the Applicable Boxes)

(Name of landlord that obtained judgment)

(Address of landlord)Debtor claims that under applicable nonbankruptcy law, there are circumstances under which the debtor would be permitted to cure the entire monetary default that gave rise to the judgment for possession, after the judgment for possession was entered, and

Debtor has included in this petition the deposit with the court of any rent that would become due during the 30-day period after the filing of this petition.


FORM B1, Page 3(Official Form 1) (10/05)Voluntary Petition Name of Debtor(s):

Graphic Education Corporation(This page must be completed and filed in every case)

I declare under penalty of perjury that the information provided in this petition is true and correct, that I am the foreign representative of a debtor in a foreign proceeding, and that I am authorized to file this petition.

Signature of a Foreign Representative of aRecognized Foreign Proceeding

Signatures

chapter 7, 11, 12 or 13 of title 11, United States Code, understand the reliefavailable under each such chapter, and choose to proceed under chapter 7.

Signature(s) of Debtor(s) (Individual/Joint)I declare under penalty of perjury that the information provided in thispetition is true and correct.[If petitioner is an individual whose debts are primarily consumer debts and has chosen to file under chapter 7] I am aware that I may proceed under

I request relief in accordance with the chapter of title 11, United States Code,

Signature of DebtorX

specified in this petition.

Not Applicable

[If no attorney represents me and no bankruptcy petition preparer signs thepetition]- I have obtained and read the notice required by 342(b) of theBankruptcy Code.

I request relief in accordance with chapter 15 of Title 11, United States Code. Certified Copies of the documents required by 1515 of title 11 are attached.

(Check only one box.)

Pursuant to 1511 of title 11, United States Code, I request relief in accordance with the Chapter of title 11 specified in the petition. A certified copy of the order granting recognition of the foreign proceeding is attached.

Not ApplicableXSignature of Joint Debtor

X Not ApplicableTelephone Number (If not represented by attorney)

Date

(Signature of Foreign Representative)

/s/ John C. Reed

I declare under penalty of perjury that the information provided in thispetition is true and correct, and that I have been authorized to file thispetition on behalf of the debtor.

Signature of Debtor (Corporation/Partnership)

(573)635-8500 (573)634-3079

Date

Not Applicable

Signature of AttorneyX

Signature of Attorney for Debtor(s)

Printed Name of Attorney for Debtor(s) / Bar No.

Firm Name

Address

7/21/06

Signature of Non-Attorney Petition PreparerI declare under penalty of perjury that: I) I am a bankruptcy petition prepareras defined in 11 U.S.C. 110; 2) 1 prepared this document for compensationand have provided the debtor with a copy of this document and the notices and information required under 11 U.S.C. 110(b), 110(h), and 342(b); and, 3) if rules or guidelines have been promulgated pursuant to 11 U.S.C.110 setting a maximum fee for services chargeable by bankruptcy petition prepares, I have given the debtor notice of the maximum amount before preparing any document for filing for a debtor or accepting any fee from the debtor, as required in that section. Official Form 19B is attached.

Printed Name and title, if any, of Bankruptcy Petition Preparer

Pletz and Reed, P.C.

Jefferson City, MO 65102

325 Jefferson P.O.Box 1048

John C. Reed, 28741

Telephone Number

Address

Not ApplicableSignature of Bankruptcy Petition Preparer or officer, principal, responsibleperson, or partner whose social security number is provided above.

X

If more than one person prepared this document, attachadditional sheets conforming to the appropriate official form for each person.

s/ Jon Rosen

The debtor requests relief in accordance with the chapter of title 11, UnitedStates Code, specified in this petition.

XSignature of Authorized Individual

Printed Name of Authorized IndividualJon Rosen

Title of Authorized Individual

Date

President

7/21/06

Names and Social Security numbers of all other individuals who prepared or assisted in preparing this document unless the bankruptcy petition preparer is not an individual:

A bankruptcy petition preparer 's failure to comply with the provisions of title 11 and the Federal Rules of Bankruptcy Procedure may result in fines or imprisonment or both 11 U.S.C. 110; 18 U.S.C. 156.

Date

(Printed Name of Foreign Representative)

Social Security number(If the bankruptcy petition preparer is not an individual,state the Social Security number of the officer, principal, responsible person orpartner of the bankruptcy petition preparer.)(Required by 11 U.S.C. 110.)


Form 6- Summ

United States Bankruptcy CourtWestern District of Missouri

Case No. Debtor

7Chapter ,

In re Graphic Education Corporation

SUMMARY OF SCHEDULESAMOUNTS SCHEDULED

NAME OF SCHEDULE ATTACHED(YES/NO) NO. OF SHEETS ASSETS LIABILITIES OTHER

Real Property

Personal Property

Property Claimed

Creditors Holding

Creditors Holding Unsecured

Creditors Holding Unsecured

Executory Contracts and

Codebtors

Current Expenditures of

Total

$

$

$

$

$

$

$

$ $

YES

YES

YES

YES

YES

YES

YES

YES

NO

NO

as Exempt

Secured Claims

Priority Claims

Nonpriority Claims

Unexpired Leases

Individual Debtor(s)

Individual Debtor(s)

A -

B -

C -

D -

E -

F -

G -

H -

I -

J -

Current Income of

1

4

1

1

2

7

3

1

266,236.13 3,615,643.91

0.00

266,236.13

204,207.85

1,800.00

3,409,636.06

0

0


Form 6-Summ2(10/05)


Case No. In re Graphic Education Corporation,

Chapter 7Debtor

STATISTICAL SUMMARY OF CERTAIN LIABILITIES (28 U.S.C. 159)[Individual Debtors Only]

Summarize the following types of liabilities, as reported in the Schedules, and total them.

Type of Liability

Taxes and Certain Other Debts Owed to Governmental Units (from Schedule E)

Domestic Support Obligations (from Schedule E)

Claims for Death or Personal Injury While Debtor Was Intoxicated (from Schedule E)Student Loan Obligations (from Schedule F)Domestic Support, Separation Agreement, and Divorce Decree Obligations Not Reported on Schedule E.Obligations to Pension or Profit-Sharing, and Other Similar Obligations (from Schedule F)

TOTAL

Amount

1,800.00

The foregoing information is for statistical purposes only under 28 U.S.C. 159.

$

$1,800.00

$$

$

$

$


(10/05)FORM B6A

,

In re: Case No.(If known)

Debtor

Graphic Education Corporation

SCHEDULE A - REAL PROPERTY

DESCRIPTION ANDLOCATION OF

PROPERTYNATURE OF DEBTOR'S

INTEREST IN PROPERTYAMOUNT OFSECURED

CLAIM

CURRENT VALUEOF DEBTOR'SINTEREST IN

PROPERTY, WITHOUTDEDUCTING ANY

SECURED CLAIM OR EXEMPTION

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

Total

0.00(Report also on Summary of Schedules.)


(10/05)FormB6B

,In re Case No.

(If known)DebtorGraphic Education Corporation

SCHEDULE B - PERSONAL PROPERTY

TYPE OF PROPERTY

CURRENT VALUE OFDEBTOR'S INTERESTIN PROPERTY, WITH-OUT DEDUCTING ANY

SECURED CLAIMOR EXEMPTION

DESCRIPTION AND LOCATIONOF PROPERTYNO

NE

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

Cash on hand1. X

Checking, savings or other financial accounts, certificates of deposit, or shares in banks, savings and loan, thrift, building and loan, and homestead associations, or credit unions, brokerage houses, or cooperatives.

2. First National Bank 15,211.13

Security deposits with public utilities, telephone companies, landlords, and others.

3. Socket (IP provider) prepaid 1,025.00

Household goods and furnishings, including audio, video, and computer equipment.

4. X

Books, pictures and other art objects, antiques, stamp, coin, record, tape, compact disc, and other collections or collectibles.

5. X

Wearing apparel.6. X

Furs and jewelry.7. X

Firearms and sports, photographic, and other hobby equipment.

8. X

Interests in insurance policies. Name insurance company of each policy and itemize surrender or refund value of each.

9. X

Annuities. Itemize and name each issuer.

10. X

Interests in an education IRA as defined in 26 U.S.C. 530(b)(1) or under a qualified State tuition plan as defined in 26 U.S.C. 529(b)(1). Give particulars. (File separately the record(s) of any such interest(s). 11 U.S.C. 521(c); Rule 1007(b)).

11. X

Interests in IRA, ERISA, Keogh, or other pension or profit sharing plans. Give Particulars.

12. X


(10/05)Form B6B-Cont.

,In re Case No.


(Continuation Sheet)SCHEDULE B - PERSONAL PROPERTY

TYPE OF PROPERTY




NE

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

Stock and interests in incorporated and unincorporated businesses. Itemize.

13. X

Interests in partnerships or joint ventures. Itemize.

14. X

Government and corporate bonds and other negotiable and nonnegotiable instruments.

15. X

Accounts receivable.16. X

Alimony, maintenance, support, and property settlements to which the debtor is or may be entitled. Give particulars.

17. X

Other liquidated debts owed to debtor including tax refunds. Give particulars.

18. X

Equitable or future interests, life estates, and rights or powers exercisable for the benefit of the debtor other than those listed in Schedule A - Real Property.

19. X

Contingent and noncontingent interests in estate of a decedent, death benefit plan, life insurance policy, or trust.

20. X

Other contingent and unliquidated claims of every nature, including tax refunds, counterclaims of the debtor, and rights to setoff claims. Give estimated value of each.

21. X

Patents, copyrights, and other intellectual property. Give particulars.

22. Competence Assessment Module - Hospital employee training program. A menu of internet and CD-ROM accreditation and regulatory courses (Caregiver Safety Series-25 modules).

53,000.00


Course Creation Tool Kit - software program for creation of courses & tests for web-based learning. A locally installed authoring and editing application that creates SCORM-conformant SCOs (didactic and assessment modules) as well as surveys.

50,000.00



,In re Case No.



TYPE OF PROPERTY




NE

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y


22. Eight CD-ROM and internet-based education products:a) Pain Managmentb) Clinical Delegation and Nursing Rolesc) Basic Dysrhythmia Interpretationd) Infection Control for Home Healthe) Ethical Care for Home Healthf) Safety for Home Healthg) Age-Specific Care for Home Healthh) Pharmacology

25,000.00


The Learning CommunityDomain Name & Software for internet-based learning. An internet- and intranet-hosted, SCORM-conformant learning and content management system.

120,000.00

Licenses, franchises, and other general intangibles. Give particulars.

23. X

24. Learning Community database of learners & administrators

0.00Customer lists or other compilations containing personally identifiable information (as defined in 11 U.S.C. 101(41A)) provided to the debtor by individuals in connection with obtaining a product or service from the debtor primarily for personal, family, or household purposes.

Automobiles, trucks, trailers, and other vehicles and accessories.

25. X

Boats, motors, and accessories.26. X

Aircraft and accessories.27. X

Office equipment, furnishings, and supplies.

28. Compaq deskpro (2) workstation; Dell poweredge workstation; Mitac network server, Acer network server; Macintosh G4 workstation; Viewsonic 17GA monitor; PS2-variety KVM controller; Brother Intellifax 1800C; Computer desk, 4-ft. table & filing cabinet; Assorted textbooks; Assorted office supplies

2,000.00

Machinery, fixtures, equipment and supplies used in business.

29. X

Inventory.30. X



,In re Case No.



TYPE OF PROPERTY




NE

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

Animals.31. X

Crops - growing or harvested. Give particulars.

32. X

Farming equipment and implements.33. X

Farm supplies, chemicals, and feed.34. X

Other personal property of any kind not already listed. Itemize.

35. X

Total $ 266,236.13

(Include amounts from any continuation sheets attached. Report total also on Summary of Schedules.)

continuation sheets attached3


,In re Case No.

Form B6C(10/05)

Debtor (If known)Graphic Education Corporation

SCHEDULE C - PROPERTY CLAIMED AS EXEMPT

11 U.S.C. 522(b)(2) (Check one box)Debtor claims the exemptions to which debtor is entitled under:

11 U.S.C. 522(b)(3)

Check if debtor claims a homestead exemption that exceeds$125,000.

DESCRIPTION OF PROPERTYSPECIFY LAW

PROVIDING EACHEXEMPTION

VALUE OFCLAIMED

EXEMPTION

CURRENTVALUE OF PROPERTYWITHOUT DEDUCTING

EXEMPTION

NONE


FORM B6D(10/05)

Graphic Education Corporation,

Case No.In re:(If known)

Debtor

SCHEDULE D - CREDITORS HOLDING SECURED CLAIMS

Check this box if debtor has no creditors holding secured claims to report on this Schedule D.

CONT

ING

ENT

DATE CLAIM WASINCURRED, NATURE

OF LIEN, ANDDESCRIPTION AND

VALUE OF PROPERTYSUBJECT TO LIEN

AMOUNT OF CLAIM WITHOUT

DEDUCTINGVALUE OF

COLLATERAL

UNSECUREDPORTION, IF

ANY

DISP

UTED

UNLI

QUID

ATED

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CODE

BTO

RCREDITOR'S NAME,MAILING ADDRESS

INCLUDING ZIP CODE,AND ACCOUNT NUMBER(See instructions, above.)

ACCOUNT NO. X 09/26/2005 204,207.85(All Assets)__________________________

VALUE $276,000.00Callaway BankPO Box 10Fulton, MO 65251

0.00

ACCOUNT NO. 0.00Guaranty of DebtLien on accounts receivable__________________________

VALUE $0.00

Citizens Bank & Trust Co.P.O. Box 87Boonville, MO 65233

0.00

0 Continuation sheets attached

$204,207.85$204,207.85

Subtotal

Total

(Report total also on Summary of Schedules)

(Total of this page)

(Use only on last page)


Form B6E(10/05)

,Case No.In re

Debtor (If known)Graphic Education Corporation

SCHEDULE E - CREDITORS HOLDING UNSECURED PRIORITY CLAIMS

Check this box if debtor has no creditors holding unsecured priority claims to report on this Schedule E.

(Check the appropriate box(es) below if claims in that category are listed on the attached sheets)TYPES OF PRIORITY CLAIMS

Claims for domestic support that are owed to or recoverable by a spouse, former spouse, or child of the debtor, or the parent, legal guardian, or responsible relative of such a child, or a governmental unit to whom such a domestic support claim has been assigned to the extent provided in 11 U.S.C. 507(a)(1).

Domestic Support Obligations

Extensions of credit in an involuntary case

Claims arising in the ordinary course of the debtor's business or financial affairs after the commencement of the case but before the earlier of the appointment of a trustee or the order for relief. 11 U.S.C. 507(a)(3).

Wages, salaries, and commissions

Wages, salaries, and commissions, including vacation, severance, and sick leave pay owing to employees and commissions owing to qualifying independent sales representatives up to $10,000* per person earned within 180 days immediately preceding the filing of the original petition, or the cessation of business, whichever occurred first, to the extent provided in 11 U.S.C. 507(a)(4).

Contributions to employee benefit plans

Money owed to employee benefit plans for services rendered within 180 days immediately preceding the filing of the original petition, or the cessation of business, whichever occurred first, to the extent provided in 11 U.S.C. 507(a)(5).

Certain farmers and fishermen

Claims of certain farmers and fishermen, up to $4,925* per farmer or fisherman, against the debtor, as provided in 11 U.S.C. 507(a)(6).

Deposits by individuals

Claims of individuals up to $2,225* for deposits for the purchase, lease, or rental of property or services for personal, family, or household use, that were not delivered or provided. 11 U.S.C. 507(a)(7).

Taxes, customs duties, and penalties owing to federal, state, and local governmental units as set forth in 11

Taxes and Certain Other Debts Owed to Governmental Units

U.S.C. 507(a)(8).

an insured depository institution. 11 U.S.C. 507(a)(9).or Board of Governors of the Federal Reserve System, or their predecessors or successors, to maintain the capital of Claims based on commitments to the FDIC, RTC, Director of the Office of Thrift Supervision, Comptroller of the Currency,

Commitments to Maintain the Capital of an Insured Depository Institution

Claims for Death or Personal Injury While Debtor Was Intoxicated

Claims for death or personal injury resulting from the operation of a motor vehicle or vessel while the debtor was intoxicated from using alcohol, a drug, or another substance. 11 U.S.C. 507(a)(10).

* Amounts are subject to adjustment on April 1, 2007, and every three years thereafter with respect to cases commenced on or after the date of adjustment.

Continuation sheets attached1


Form B6E -Cont.(10/05)

,

In re Case No.(If known)

Debtor


SCHEDULE E - CREDITORS HOLDING UNSECURED PRIORITY CLAIMS

Type of Priority: Taxes and Certain Other Debts Owed to Governmental Units

CODE

BTO

R

HUSB

AND,

WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

AMOUNT OF CLAIM

AMOUNTENTITLED TO

PRIORITY

CREDITOR'S NAME,MAILING ADDRESS

INCLUDING ZIP CODE,AND ACCOUNT NUMBER

(See instructions.)

DATE CLAIM WAS INCURREDAND CONSIDERATION FOR

CLAIM

Withholding tax for May, June 2003Winnipeg Tax Centre66 Stapon RoadWinnipeg MB, CANADA R3C3M2

1,800.001,800.00 ACCOUNT NO. X

Sheet no. 1 of 1 sheets attached to Schedule of Creditors Holding Priority Claims

Total(Use only on last page of the completed Schedule E.)

Subtotal(Total of this page)

$1,800.00$1,800.00$1,800.00

$1,800.00

(Report total also on Summary of Schedules)


,Form B6F (10/05)


Graphic Education CorporationDebtor

SCHEDULE F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS

Check this box if debtor has no creditors holding unsecured nonpriority claims to report on this Schedule F.

DATE CLAIM WAS INCURRED AND

CONSIDERATION FOR CLAIM.

IF CLAIM IS SUBJECT TO



AMOUNT OF CLAIM

WITHOUT DEDUCTING VALUE OF

COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XAlan E. Kirtlink4731 Brandon Woods St.Columbia, MO 65201

Shareholder - listed for notice purposes only - not considered an unsecured creditor of the debtor but rather an equity security holder

0.00ACCOUNT NO. XAllyn Sher2571 Dozier Station Rd.Columbia, MO 65202


0.00ACCOUNT NO. XAnna Clark Rosen10926 White Oak DriveHouston TX 77064


470,351.00ACCOUNT NO. 12/31/2005C. David Duffy8877 E. I-70 Drive NEColumbia, MO 65202

0.00ACCOUNT NO. XCharles L. ChapmanFirst National Bank & Trust8th & BroadwayColumbia, MO 65202


Continuation sheets attached6

(Use only on last page of the completed Schedule F.)Total

$470,351.00Subtotal

(Report also on Summary of Schedules)


Form B6F - Cont.(10/05)

,



SCHEDULE F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS(Continuation Sheet)






AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XCo-Bin Stuhlman3627-A California AvenueSt. Louis, MO 63118


0.00ACCOUNT NO. XD. Michael & Mary Leary60 Chaminade DriveSt. Louis, MO 63141


0.00ACCOUNT NO. XDarwin A. and Axie Hindman1223 Francis DriveColumbia, MO 65201


0.00ACCOUNT NO. XDavid Goldman860 West Chula VistaTucson, AZ 05102


0.00ACCOUNT NO. XDavid Westbrook3609 Woods Edge RoadColumbia, MO 65203


(Use only on last page of the completed Schedule F.)


Total

$0.00SubtotalSheet no. 1 of 6 sheets attached to Schedule of Creditors Holding Unsecured Nonpriority Claims




,









AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XDela D. Marshall2409 Cherry Ridge LaneColumbia, MO 65203


0.00ACCOUNT NO. XHealth Education LLC910 East Broadway, Ste. AColumbia, MO 65201


0.00ACCOUNT NO. XIan and Ellen Thomas2616 Hillshire DriveColumbia, MO 65203


0.00ACCOUNT NO. XJ. Caleb Cheavens513 Old Hwy. 63 NorthColumbia, MO 65201


0.00ACCOUNT NO. XJerry D. Kennett2801 Pepper Tree LaneColumbia, MO 65201




Total

$0.00SubtotalSheet no. 2 of 6 sheets attached to Schedule of Creditors Holding Unsecured Nonpriority Claims




,









AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

2,907,784.00ACCOUNT NO. 12/31/2005Jerry Kennett2801 Pepper Tree LaneColumbia, MO 65201

0.00ACCOUNT NO. XJohn R. PerkinsPerkins Law Office1426 InglenookJefferson City, MO 65109


0.00ACCOUNT NO. XJuan Jose PinedaP.O. Box 12749St. Petersburg, FL 33733-2749


0.00ACCOUNT NO. XJudy & Jerry Schermer14 Eubanks CourtColumbia, MO 65203


0.00ACCOUNT NO. XMary A. Misfeldt4102 S. Wappel DriveColumbia, MO 65203




Total

$2,907,784.00SubtotalSheet no. 3 of 6 sheets attached to Schedule of Creditors Holding Unsecured Nonpriority Claims




,









AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XMatthew P. Kerner1081 RosetaColumbia, MO 65201


0.00ACCOUNT NO. XMicahel F. KaplanPlastic & Reconstructive Surgery1701 E. BroadwayColumbia, MO 65201


0.00ACCOUNT NO. XMichael & Berta London108 Fifer LaneLexington, MA 02173


0.00ACCOUNT NO. XMyra Ferguson1108 Club Meadows DriveColumbia, MO 65203


3,319.00ACCOUNT NO.

Nancy Edwards1060 Fergus LanePunta Gorda, FL 33983

Commission Owed



Total

$3,319.00SubtotalSheet no. 4 of 6 sheets attached to Schedule of Creditors Holding Unsecured Nonpriority Claims




,









AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XNatalie K. March5012 Gasconade DriveColumbia, MO 65202


5,337.06ACCOUNT NO. 11/22/2002Office of ResearchUniversity of MO - Columbia310 Jesse HallColumbia, MO 65211-1230

0.00ACCOUNT NO. XPaula A. Simpson8707 Trails West DriveColumbia, MO 65202


0.00ACCOUNT NO. XRobert & Nina Cutler1355 Club DriveBloomfield Hills, MI 48302


0.00ACCOUNT NO. XSally & Robert Silvers310 West BurnamColumbia, MO 65203




Total





,









AMOUNT OF CLAIM


COLLATERAL

CODE

BTO

R

HUS

BAND

, WIF

E, J

OIN

TO

R CO

MM

UNIT

Y

CONT

ING

ENT

UNLI

QUID

ATED

DISP

UTED

0.00ACCOUNT NO. XScott A. and Joan Boessen2101B Walz CourtJefferson City, MO 65101


21,394.00ACCOUNT NO. 02/19/2004Scott Stewart4706 Autumn Cove Ct.Alexandria, VA 22312

0.00ACCOUNT NO. XScott StewartStewart Publishing4706 Autumn Cove CourtAlexandria, VA 22312


1,451.00ACCOUNT NO.

Susan Pendergrass1410 Countryshire DriveColumbia, MO 65202

Commissions owed

0.00ACCOUNT NO. XWilliam Straser97 Columbia Ave.Jamestown, RI 02835




Total $3,409,636.06




, Case No.In re:

Form B6G (10/05)

(If known)Graphic Education Corporation

Debtor

SCHEDULE G - EXECUTORY CONTRACTS AND UNEXPIRED LEASES

Check this box if debtor has no executory contracts or unexpired leases.

NAME AND MAILING ADDRESS, INCLUDING ZIP CODE,OF OTHER PARTIES TO LEASE OR CONTRACT.

DESCRIPTION OF CONTRACT OR LEASE AND NATURE OFDEBTOR'S INTEREST, STATE WHETHER LEASE IS FOR

NONRESIDENTIAL REAL PROPERTY. STATE CONTRACTNUMBER OF ANY GOVERNMENT CONTRACT.

LMS, content, and ToolkitAdvocate Good ShepherdAttn: Renee Norberg450 W. Highway 22Barrington, IL 60010

LMS, content, and ToolkitAlliance HospitalCharles Hurst, Director of HR515 North AdamsOdessa, TX 79761

LMS, content, and ToolkitAudrain Medical CenterAttn: Tammy Kobush620 E. MonroeMexico, MO 65265

LMS, content, and ToolkitAureus Medical GroupAttn: Roxanne Stanard2425 S 171st StreetOmaha, NE 68130

Content and Toolkit - No LMS functionsBJC HealthcareAttn: Gary Stocker4353 Clayton Ave.St. Louis, MO 63110

LMS, content, and Toolkit (but content covered under BJC agreement)

Boone Hospital CenterAttn: Beth Alpers1600 East BroadwayColumbia, MO 65201

LMS, content, and ToolkitCross Country University6551 Park of Commerce Blvd., #200Boca Raton, FL 33487

LMS, content, and ToolkitFlorida Healthcare PlanAttn: Richard Adams1340 Ridgewood Ave.Holly Fill, FL 32117


, Case No.In re:

(10/05)


Debtor

Form B6G -Cont.

(Continuation Sheet)SCHEDULE G - EXECUTORY CONTRACTS AND UNEXPIRED LEASES




LMS, content, and ToolkitHammond-Henry HospitalAttn: Margaret Chavez600 North College Ave.Geneseo, IL 61254

LMS, content, and ToolkitMethodist Medical Center of IllinoisAttn: Michelle Smith221 NE Glen OakPeoria, IL 61638

LMS, content, and ToolkitMissouri Mental Health DepartmentAttn: Gerald J. CaussadeOIS IT Procurement1706 E. Elm StreetJefferson City, MO 65101

LMS, content, and ToolkitNuMed IncorporatedAttn: Nita Ford1100 Moseley RoadAubrey, TX 76227

LMS, content, and ToolkitRespiratory Care Services NetworkAttn: Erick Nguyen10221 Slater Ave.Fountain Valley, CA 92708

LMS, content, and ToolkitSmithville Regional HospitalAttn: Keri PiersonPO Box 359Smithville, TX 78957-0359

month to month IP providerSocket1005 CherryColumbia MO 65201

Content and Toolkit - No LMS functionsSSM HealthcareAttn: Margie Schulte477 North Lindbergh Blvd.SSM INformation CenterSt. Louis, MO 63117


, Case No.In re:

(10/05)


Debtor

Form B6G -Cont.

(Continuation Sheet)SCHEDULE G - EXECUTORY CONTRACTS AND UNEXPIRED LEASES




LMS, content, and ToolkitSusan B. Allen Memorial HospitalAttn: Jeana Short720 West Central Ave.El Dora, KS 67042

Content onlyUniversity of California IrvineSuite 1000, Berkeley PlaceIrvine, CA 92697-4600

LMS, content, and ToolkitUniversity of California Medical CenterDepartment of NursingP.O. Box C11917Santa Ana, CA 92711-1917

Pain ManagementValleycare Olive View Medical CenterMaterials Managaement Div.14445 Olive View DriveSylmar, CA 91342-1495


Form B6H (10/05)

Case No.In re:, (If known)


SCHEDULE H - CODEBTORSCheck this box if debtor has no codebtors.

NAME AND ADDRESS OF CODEBTOR NAME AND ADDRESS OF CREDITOR

Callaway BankPO Box 10Fulton, MO 65251

C. David Duffy8877 E. I-70 Dr. NEColumbia, MO 65202

Jerry Kennett2801 Pepper Tree LaneColumbia, MO 65201


Official Form 6 - Decl.(10/05)

Graphic Education Corporation,In re Case No.

(If known)DebtorDECLARATION CONCERNING DEBTOR'S SCHEDULES

DECLARATION UNDER PENALTY OF PERJURY BY INDIVIDUAL DEBTOR

(NOT APPLICABLE)

DECLARATION UNDER PENALTY OF PERJURY ON BEHALF OF CORPORATION OR PARTNERSHIP I, th President

of the Corporation named as debtor in this case, declare under penalty of perjury that I have read the foregoing summary and schedules, consisting of

22(Total shown on summary page plus 1.)

sheets, and that they are true and correct to the best of my knowledge, information, and belief.

Jon Rosen President

[An individual signing on behalf of a partnership or corporation must indicate position or relationship to debtor.]

s/ Jon Rosen7/21/06 Signature:Date

Penalty for making a false statement or concealing property. Fine of up to $500,000 or imprisonment for up to 5 years or both. 18 U.S.C 152 and 3571.


Form 7(10/05)

UNITED STATES BANKRUPTCY COURTWestern District of Missouri

Case No.In re:,


Debtor

STATEMENT OF FINANCIAL AFFAIRS

1. Income from employment or operation of businessNone

State the gross amount of income the debtor has received from employment, trade, or profession, or from operation ofthe debtor's business, including part-time activities either as an employee or in independent trade or business, from thebeginning of this calendar year to the date this case was commenced. State also the gross amounts received during thetwo years

immediately preceding this calendar year. (A debtor that maintains, or has maintained, financial records onthe basis of a fiscal rather than a calendar year may report fiscal year income. Identify the beginning and ending datesof the debtor's fiscal year.) If a joint petition is filed, state income for each spouse separately. (Married debtors filingunder chapter 12 or chapter 13 must state income of both spouses whether or not a joint petition is filed, unless thespouses are separated and a joint petition is not filed.)

AMOUNT SOURCE FISCAL YEAR PERIOD

Operation of Business 2004277,356.00



2. Income other than from employment or operation of businessNone

State the amount of income received by the debtor other than from employment, trade, profession, or operation of the debtor's business during the two years immediately preceding thecommencement of this case. Give particulars. If a joint petition is filed, state income for eachspouse separately. (Married debtors filing under chapter 12 or chapter 13 must state income foreach spouse whether or not a joint petition is filed, unless the spouses are separated and a jointpetition is not filed.)AMOUNT SOURCE FISCAL YEAR PERIOD

3. Payments to creditors

Complete a. or b., as appropriate, and c.None

a. Individual or joint debtor(s) with primarily consumer debts: List all payments on loans, installment purchases of goods or services, and other debts to any creditor made within 90 days immediately preceding the commencement of this case if the aggregate value of all property that constitutes or is affected by such transfer is not less that $600. Indicate with an asterisk (*) any payments that were made to a creditor on account of a domestic support obligation or as part of an alternative repayment schedule under a plan by an approved nonprofit budgeting and creditor counseling agency. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

DATES OF AMOUNT AMOUNTNAME AND ADDRESS OF CREDITOR PAYMENTS PAID STILL OWING

Blue Cross Blue Shield Monthly 0.001,350.00

Socket Internet Monthly 0.001,250.00


Form 7-Cont.(10/05)

None

b. Debtor whose debts are not primarily consumer debts: List each payment or other transfer to any creditor made within 90 days immediately preceding the commencement of the case if the aggregate value of all property that constitutes or is affected by such transfer is not less than $5,000. (Married debtors filing under chapter 12 or chapter 13 must include payments and other transfers by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

NAME AND ADDRESS OF CREDITOR

DATES OF AMOUNTPAYMENTS/

AMOUNT

STILLTRANSFERS

PAID ORVALUE OFTRANSFERS OWING

None

to or for the benefit of creditors who are or were insiders. (Married debtors filing under chapter 12 or chapter 13 mustinclude payments by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

c. All debtors: List all payments made within one year immediately preceding the commencement of this case

NAME AND ADDRESS OF CREDITOR DATES OF AMOUNTAND RELATIONSHIP TO DEBTOR PAYMENTS AMOUNT PAID STILL OWING

Jon Rosen2000 North Deerborn CircleColumbia, MO 65203

Monthly for salary 93,065.00 0.00

4. Suits and administrative proceedings, executions, garnishments and attachmentsNone

a. List all suits and administrative proceedings to which the debtor is or was a party within one year immediately preceding the filing of this bankruptcy case. (Married debtors filing under chapter 12 orchapter 13 must include information concerning either or both spouses whether or not a joint petition isfiled, unless the spouses are separated and a joint petition is not filed.)CAPTION OF SUIT COURT OR AGENCY STATUS ORAND CASE NUMBER NATURE OF PROCEEDING AND LOCATION DISPOSITION

b. Describe all property that has been attached, garnished or seized under any legal or equitableprocess within one year immediately preceding the commencement of this case. (Married debtorsfiling under chapter 12 or chapter 13 must include information concerning property of either or bothspouses whether or not a joint petition is filed, unless the spouses are separated and a jointpetition is not filed.)

None

NAME AND ADDRESS DESCRIPTIONOF PERSON FOR WHOSE DATE OF AND VALUE OF BENEFIT PROPERTY WAS SEIZED SEIZURE PROPERTY

5. Repossessions, foreclosures and returnsNone


Form 7-Cont.(10/05)

List all property that has been repossessed by a creditor, sold at a foreclosure sale,transferred through a deed in lieu of foreclosure or returned to the seller, within one yearimmediately preceding the commencement of this case. (Married debtors filing under chapter 12or chapter 13 must include information concerning property of either or both spouses whether ornot a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

DATE OF REPOSSESSION, DESCRIPTIONFORECLOSURE SALENAME AND ADDRESS AND VALUE OF

OF CREDITOR OR SELLER TRANSFER OR RETURN PROPERTY

6. Assignments and receivershipsNone

a. Describe any assignment of property for the benefit of creditors made within 120 daysimmediately preceding the commencement of this case. (Married debtors filing under chapter 12or chapter 13 must include any assignment by either or both spouses whether or not a joint petitionis filed, unless the spouses are separated and a joint petition is not filed.)

TERMS OFASSIGNMENTDATE OFNAME AND ADDRESSOR SETTLEMENTASSIGNMENTOF ASSIGNEE

b. List all property which has been in the hands of a custodian, receiver, or court-appointed officialwithin one year immediately preceding the commencement of this case. (Married debtors filingunder chapter 12 or chapter 13 must include information concerning property of either or bothspouses whether or not a joint petition is filed, unless the spouses are separated and a jointpetition is not filed.)

None

DESCRIPTIONNAME AND ADDRESSAND VALUE OFDATE OFOF COURTNAME AND ADDRESSPROPERTYORDERCASE TITLE & NUMBEROF CUSTODIAN

7. GiftsNone

List all gifts or charitable contributions made within one year immediately preceding thecommencement of this case except ordinary and usual gifts to family members aggregating less than $200 in value per individual family member and charitable contributions aggregating lessthan $100 per recipient. (Married debtors filing under chapter 12 or chapter 13 must include giftsor contributions by either or both spouses whether or not a joint petition is filed, unless the spousesare separated and a joint petition is not filed.)NAME AND ADDRESS RELATIONSHIP DESCRIPTIONOF PERSON TO DEBTOR, DATE AND VALUE OFOR ORGANIZATION IF ANY OF GIFT GIFT

8. Losses

None

List all losses from fire, theft, other casualty or gambling within one year immediately precedingthe commencement of this case or since the commencement of this case. (Married debtors filingunder chapter 12 or chapter 13 must include losses by either or both spouses whether or not ajoint petition is filed, unless the spouses are separated and a joint petition is not filed.)DESCRIPTION DESCRIPTION OF CIRCUMSTANCES AND, IFAND VALUE OF LOSS WAS COVERED IN WHOLE OR IN PART DATE OFPROPERTY BY INSURANCE, GIVE PARTICULARS LOSS


Form 7-Cont.(10/05)

9. Payments related to debt counseling or bankruptcyNone

List all payments made or property transferred by or on behalf of the debtor to any persons,including attorneys, for consultation concerning debt consolidation, relief under the bankruptcy lawor preparation of a petition in bankruptcy within one year immediately preceding the commencementof this case.NAME AND ADDRESS DATE OF PAYMENT, AMOUNT OF MONEY OROF PAYEE NAME OF PAYOR IF DESCRIPTION AND VALUE

OTHER THAN DEBTOR OF PROPERTYPletz and Reed P.C. 6-14-06; 7-13-06; 7-13-06 938.00; 1679.67; 1299.00

10. Other transfersNone

a. List all other property, other than property transferred in the ordinary course of the business orfinancial affairs of the debtor, transferred either absolutely or as security within two yearsimmediately preceding the commencement of this case. (Married debtors filing under chapter 12or chapter 13 must include transfers by either or both spouses whether or not a joint petition isfiled, unless the spouses are separated and a joint petition is not filed.)

DESCRIBE PROPERTY TRANSFERREDNAME AND ADDRESS OF TRANSFEREE,AND VALUE RECEIVEDDATERELATIONSHIP TO DEBTOR

None

b. List all property transferred by the debtor within ten years immediately preceding the commencement of this caseto a self-settled trust or similar device of which the debtor is a beneficiary.

AMOUNT OF MONEY OR DESCRIPTIONAND VALUE OF PROPERTY OR DEBTOR'S

NAME OF TRUST OR OTHER

INTEREST IN PROPERTY

DATE(S) OFDEVICE TRANSFER(S)

11. Closed financial accountsNone

List all financial accounts and instruments held in the name of the debtor or for the benefit ofthe debtor which were closed, sold, or otherwise transferred within one year immediately precedingthe commencement of this case. Include checking, savings, or other financial accounts,certificates of deposit, or other instruments; shares and share accounts held in banks, creditunions, pension funds, cooperatives, associations, brokerage houses and other financialinstitutions. (Married debtors filing under chapter 12 or chapter 13 must include informationconcerning accounts or instruments held by or for either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

AMOUNT ANDTYPE OF ACCOUNT, LAST FOURDATE OF SALEDIGITS OF ACCOUNT NUMBER,NAME AND ADDRESSOR CLOSINGAND AMOUNT OF FINAL BALANCEOF INSTITUTION


Form 7-Cont.(10/05)

12. Safe deposit boxesNone

List each safe deposit or other box or depository in which the debtor has or had securities,cash, or other valuables within one year immediately preceding the commencement of this case.(Married debtors filing under chapter 12 or chapter 13 must include boxes or depositories of eitheror both spouses whether or not a joint petition is filed, unless the spouses are separated and ajoint petition is not filed.)

DESCRIPTIONNAMES AND ADDRESSESNAME AND ADDRESS DATE OF TRANSFEROR SURRENDER,OFOF THOSE WITH ACCESSOF BANK ORIF ANYCONTENTSTO BOX OR DEPOSITORYOTHER DEPOSITORY

13. SetoffsNone

List all setoffs made by any creditor, including a bank, against a debt or deposit of the debtorwithin 90 days preceding the commencement of this case. (Married debtors filing under chapter 12or chapter 13 must include information concerning either or both spouses whether or not a jointpetition is filed, unless the spouses are separated and a joint petition is not filed.)

AMOUNT OFDATE OFSETOFFSETOFFNAME AND ADDRESS OF CREDITOR

14. Property held for another personNone

List all property owned by another person that the debtor holds or controls.DESCRIPTION AND VALUENAME AND ADDRESS

LOCATION OF PROPERTYOF PROPERTYOF OWNER

15. Prior address of debtorNone

If the debtor has moved within three years immediately preceding the commencement of this case, list all premises which the debtor occupied during that period and vacated prior to the commencement of this case. If a joint petition is filed, report also any separate address of either spouse.

DATES OF OCCUPANCYNAME USEDADDRESS

903 Old Highway 63 NColumbia, MO 65201

Graphic Education Corp. 2-1-97 to 12-31-03

1005 Wayne RoadColumbia, MO

Graphic Education Corp. 1-1-03 to 8-15-05

16. Spouses and Former SpousesNone

If the debtor resides or resided in a community property state, commonwealth, or territory (including Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Puerto Rico, Texas, Washington, or Wisconsin) within eight years immediately preceding the commencement of the case, identify the name of the debtor 's spouse and of any former spouse who resides or resided with the debtor in the community property state. NAME

17. Environmental Information.


Form 7-Cont.(10/05)

For the purpose of this question, the following definitions apply:

"Environmental Law" means any federal, state or local statute or regulation regulating pollution, contamination, releases of hazardous or toxic substances, wastes or material into the air, land, soil, surface water, groundwater, or other medium, including, but not limited to, statutes or regulations regulating the cleanup of these substances, wastes, or material.

"Site" means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites.

"Hazardous Material" means anything defined as a hazardous waste, hazardous substance, toxic substance, hazardous material, pollutant, or contaminant or similar term under an Environmental Law.

a. List the name and address of every site for which the debtor has received notice in writing by a governmental unit that it may be liable or potentially liable under or in violation of an Environmental Law. Indicate the governmental unit, the date of the notice, and, if known, the Environmental Law.

None

SITE NAME AND NAME AND ADDRESS DATE OF ENVIRONMENTAL ADDRESS OF GOVERNMENTAL UNIT NOTICE LAW

b. List the name and address of every site for which the debtor provided notice to a governmental unit of a release of Hazardous Material. Indicate the governmental unit to which the notice was sent and the date of the notice.

None

SITE NAME AND NAME AND ADDRESS DATE OF ENVIRONMENTAL ADDRESS OF GOVERNMENTAL UNIT NOTICE LAW

c. List all judicial or administrative proceedings, including settlements or orders, under any Environmental Law with respect to which the debtor is or was a party. Indicate the name and address of the governmental unit that is or was a party to the proceeding, and the docket number.

None

NAME AND ADDRESS DOCKET NUMBER STATUS OR DISPOSITION OF GOVERNMENTAL UNIT

18. Nature, location and name of business

None

If the debtor is a corporation, list the names, addresses, taxpayer identification numbers, nature of the business, and beginning and ending dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities within the six years immediately preceding the commencement of this case.

If the debtor is a partnership, list the names, addresses, taxpayer identification numbers, nature of the businesses,and beginning and ending dates of all businesses in which the debtor was a partner or owned 5 percent or more ofthe voting or equity securities, within the six years immediately preceding the commencement of this case.

a. If the debtor is an individual, list the names, addresses, taxpayer identification numbers, nature of the businesses,and beginning and ending dates of all businesses in which the debtor was an officer, director, partner, or managingexecutive of a corporation, partner in a partnership, sole proprietor, or was self-employed in a trade, profession, orother activity either full- or part-time within the six years immediately preceding the commencement of this case,or in which the debtor owned 5 percent or more of the voting or equity securities within the six years immediatelypreceding the commencement of this case.


Form 7-Cont.(10/05)

LAST FOUR DIGITS

BEGINNING AND ENDING OF SOC. SEC. NO./COMPLETE EIN OR OTHER TAXPAYER

ADDRESS

I.D. NO.DATES

NAME NATURE OF BUSINESS

b. Identify any business listed in response to subdivision a., above, that is "single asset real estate" as defined in 11 U.S.C. 101.

None

NAME ADDRESS

19. Books, records and financial statementsNone

a. List all bookkeepers and accountants who within two years immediately preceding the filing ofthis bankruptcy case kept or supervised the keeping of books of account and records of the debtor.

DATES SERVICES RENDEREDNAME AND ADDRESS

Cortni Cross406 W. VandiverColumbia, MO 65202

2002 to 2006

Don L. Landers Company33 E. Broadway, Ste. 190Columbia, MO 65203

1997 to 2006

b. List all firms or individuals who within the two years immediately preceding the filing of thisbankruptcy case have audited the books of account and records, or prepared a financial statementof the debtor.

None

DATES SERVICES RENDEREDNAME AND ADDRESS

c. List all firms or individuals who at the time of the commencement of this case were inpossession of the books of account and records of the debtor. If any of the books of account andrecords are not available, explain.

None

ADDRESSNAME

d. List all financial institutions, creditors and other parties, including mercantile and trade agencies,to whom a financial statement was issued by the debtor within two years immediately preceding thecommencement of this case by the debtor.

None

DATE ISSUED NAME AND ADDRESS

Cross Country TravCorps, Inc.6551 Park of Commerce Blvd.#200Boca Raton, FL 33487

08/01/2005

20. InventoriesNone

a. List the dates of the last two inventories taken of your property, the name of the person whosupervised the taking of each inventory, and the dollar amount and basis of each inventory.

DOLLAR AMOUNT OF INVENTORY(Specify cost, market or other basis)INVENTORY SUPERVISORDATE OF INVENTORY


Form 7-Cont.(10/05)

b. List the name and address of the person having possession of the records of each of the twoinventories reported in a., above.

None

NAME AND ADDRESSES OF CUSTODIANOF INVENTORY RECORDSDATE OF INVENTORY

21. Current Partners, Officers, Directors and ShareholdersNone

a. If the debtor is a partnership, list the nature and percentage of partnership interest of eachmember of the partnership.

PERCENTAGE OF INTERESTNATURE OF INTERESTNAME AND ADDRESS

b. If the debtor is a corporation, list all officers and directors of the corporation, and eachstockholder who directly or indirectly owns, controls, or holds 5 percent or more of the votingsecurities of the corporation.

None

NATURE AND PERCENTAGEOF STOCK OWNERSHIPTITLENAME AND ADDRESS

David Duffy8877 E. I-70 Dr. NEColumbia, MO 65202

Director

Jerry Kennett2801 Peppertree LaneColumbia, MO 65201

Director


Director

Mike CristEnterprise Development910 East BroadwayColumbia, MO 65201

Director

22. Former partners, officers, directors and shareholdersNone

a. If the debtor is a partnership, list each member who withdrew from the partnership within oneyear immediately preceding the commencement of this case.

DATE OF WITHDRAWALADDRESSNAME

b. If the debtor is a corporation, list all officers, or directors whose relationship with the corporationterminated within one year immediately preceding the commencement of this case.

None

DATE OF TERMINATIONTITLE NAME AND ADDRESS

23. Withdrawals from a partnership or distributions by a corporationNone


Form 7-Cont.(10/05)

If the debtor is a partnership or corporation, list all withdrawals or distributions credited or givento an insider, including compensation in any form, bonuses, loans, stock redemptions, optionsexercised and any other perquisite during one year immediately preceding the commencementof this case.

AMOUNT OF MONEYNAME & ADDRESSOR DESCRIPTIONDATE AND PURPOSEOF RECIPIENT,AND VALUE OF PROPERTYOF WITHDRAWALRELATIONSHIP TO DEBTOR


Monthly paychecksJuly 2005 - July 2006

93,065.00

24. Tax Consolidation Group.None

If the debtor is a corporation, list the name and federal taxpayer identification number of the parent corporation of any consolidated group for tax purposes of which the debtor has been a member at any time within six years immediately preceding the commencement of the case.

NAME OF PARENT CORPORATION TAXPAYER IDENTIFICATION NUMBER

25. Pension Funds.None

If the debtor is not an individual, list the name and federal taxpayer identification number of any pension fund to which the debtor, as an employer, has been responsible for contributing at any time within six years immediately preceding the commencement of the case.

NAME OF PENSION FUND TAXPAYER IDENTIFICATION NUMBER

* * * * * *

[If completed on behalf of a partnership or corporation]

s/ Jon Rosen

Jon Rosen, PresidentPrint Name and Title

Signature7/21/06Date

attachments thereto and that they are true and correct to the best of my knowledge, information and belief.I, declare under penalty of perjury that I have read the answers contained in the foregoing statement of financial affairs and any

[An individual signing on behalf of a partnership or corporation must indicate position or relationship to debtor.]

_____ continuation sheets attached

Penalty for making a false statement: Fine of up to $500,000 or imprisonment for up to 5 years, or both. 18 U.S.C. 152 and 3571.


B 203(12/94)

UNITED STATES BANKRUPTCY COURTWestern District of Missouri

ChapterCase No.

7In re: Graphic Education Corporation

Debtor

DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR

1. Pursuant to 11 U.S.C. 329(a) and Bankruptcy Rule 2016(b), I certify that I am the attorney for the above-named debtor(s) and that compensation paid to me within one year before the filing of the petition in bankruptcy, or agreed to be paid to me, for services rendered or to be rendered on behalf of the debtor(s) in contemplation of or in connection with the bankruptcy case is as follows:

Other (specify)

Debtor

$ Balance Due $ Prior to the filing of this statement I have received$ For legal services, I have agreed to accept

0.00

2. The source of compensation paid to me was:

1,000.00

1,000.00

3. The source of compensation to be paid to me is:

Debtor Other (specify)4. I have not agreed to share the above-disclosed compensation with any other person unless they are members and associates

of my law firm.

I have agreed to share the above-disclosed compensation with a person or persons who are not members or associates ofmy law firm. A copy of the agreement, together with a list of the names of the people sharing in the compensation, is

attached.5. In return for the above-disclosed fee, I have agreed to render legal service for all aspects of the bankruptcy case,

including:

Analysis of the debtor's financial situation, and rendering advice to the debtor in determining whether to file a petition in bankruptcy;

a)

Preparation and filing of any petition, schedules, statement of affairs, and plan which may be required;b) Representation of the debtor at the meeting of creditors and confirmation hearing, and any adjourned hearings thereof;c) Representation of the debtor in adversary proceedings and other contested bankruptcy matters;d) [Other provisions as needed]e) Attorney will track time at $150 per hour. Any fees incurred in excess of above may result in an application for fees and expenses being filed with the Court. To the extent approved, Debtor will be responsible for paying.

6. By agreement with the debtor(s) the above disclosed fee does not include the following services:None

John C. Reed, Bar No. 28741

Dated:

representation of the debtor(s) in this bankruptcy proceeding. I certify that the foregoing is a complete statement of any agreement or arrangement for payment to me for

CERTIFICATION

Attorney for Debtor(s)Pletz and Reed, P.C.

/s/ John C. Reed

7/21/06


C. David Duffy8877 E. I-70 Dr. NEColumbia, MO 65202


Alan E. Kirtlink4731 Brandon Woods St.Columbia, MO 65201

Allyn Sher2571 Dozier Station Rd.Columbia, MO 65202

Anna Clark Rosen10926 White Oak DriveHouston TX 77064

C. David Duffy8877 E. I-70 Drive NEColumbia, MO 65202

Callaway BankPO Box 10Fulton, MO 65251

Charles L. ChapmanFirst National Bank & Trust8th & BroadwayColumbia, MO 65202

Citizens Bank & Trust Co.P.O. Box 87Boonville, MO 65233


Co-Bin Stuhlman3627-A California AvenueSt. Louis, MO 63118

D. Michael & Mary Leary60 Chaminade DriveSt. Louis, MO 63141

Dela D. Marshall2409 Cherry Ridge LaneColumbia, MO 65203

Darwin A. and Axie Hindman1223 Francis DriveColumbia, MO 65201

David Goldman860 West Chula VistaTucson, AZ 05102

David Westbrook3609 Woods Edge RoadColumbia, MO 65203

Health Education LLC910 East Broadway, Ste. AColumbia, MO 65201

Ian and Ellen Thomas2616 Hillshire DriveColumbia, MO 65203

J. Caleb Cheavens513 Old Hwy. 63 NorthColumbia, MO 65201


Jerry D. Kennett2801 Pepper Tree LaneColumbia, MO 65201


John R. PerkinsPerkins Law Office1426 InglenookJefferson City, MO 65109

Juan Jose PinedaP.O. Box 12749St. Petersburg, FL 33733-2749

Judy & Jerry Schermer14 Eubanks CourtColumbia, MO 65203

Mary A. Misfeldt4102 S. Wappel DriveColumbia, MO 65203

Matthew P. Kerner1081 RosetaColumbia, MO 65201

Micahel F. KaplanPlastic & Reconstructive Surgery1701 E. BroadwayColumbia, MO 65201

Michael & Berta London108 Fifer LaneLexington, MA 02173


Myra Ferguson1108 Club Meadows DriveColumbia, MO 65203

Nancy Edwards1060 Fergus LanePunta Gorda, FL 33983

Natalie K. March5012 Gasconade DriveColumbia, MO 65202

Office of ResearchUniversity of MO - Columbia310 Jesse HallColumbia, MO 65211-1230

Paula A. Simpson8707 Trails West DriveColumbia, MO 65202

Robert & Nina Cutler1355 Club DriveBloomfield Hills, MI 48302

Sally & Robert Silvers310 West BurnamColumbia, MO 65203

Scott A. and Joan Boessen2101B Walz CourtJefferson City, MO 65101

Scott StewartStewart Publishing4706 Autumn Cove CourtAlexandria, VA 22312


Scott Stewart4706 Autumn Cove Ct.Alexandria, VA 22312

Susan Pendergrass1410 Countryshire DriveColumbia, MO 65202

William Straser97 Columbia Ave.Jamestown, RI 02835

Winnipeg Tax Centre66 Stapon RoadWinnipeg MB, CANADA R3C3M2


UNITED STATES BANKRUPTCY COURTWESTERN DISTRICT OF MISSOURI

IN RE:

Debtor(s)

)

))

)))

))

Case No.


VERIFICATION OF MAILING MATRIX The above-named Debtor(s) hereby verifies that the attached list of creditors is true and correct to the best of my knowledge and includes the name and address of my ex-spouse (if any).

7/21/06Date s/ Jon RosenJon Rosen President


United States Bankruptcy Court

Western District of MissouriIn re: Case No.

Chapter 7


STATEMENT REGARDING AUTHORITY TO SIGN AND FILE PETITION

I, Jon Rosen, declare under penalty of perjury that I am the President of Graphic Education Corporation, a Missouri Corporation and that on the following resolution was duly adopted by the Board of Directors of this Corporation:

Bankruptcy Court pursuant to Chapter 7 of Title 11 of the United States Code; "Whereas, it is in the best interest of this Corporation to file a voluntary petition in the United States

Be It Therefore Resolved, that Jon Rosen, President of this Corporation, is authorized and directed to execute and deliver all documents necessary to perfect the filing of a Chapter 7 voluntary bankruptcy case on behalf of the Corporation; and

Be It Further Resolved, that Jon Rosen, President of this Corporation, is authorized and directed to appear in all bankruptcy proceedings on behalf of the Corporation, and to otherwise do and perform all acts and deeds and to execute and deliver all necessary documents on behalf of the Corporation in connection with such bankruptcy case; and

Be It Further Resolved, that Jon Rosen, President of this Corporation, is authorized and directed to employ John C. Reed, attorney and the law firm of Pletz and Reed, P.C. to represent the Corporation in such bankruptcy case."

Executed on: Signed:Jon Rosen

7/21/06 s/ Jon Rosen



Case No.In re:


List of Equity Security HoldersREGISTERED NAME OF HOLDER OF SECURITY

LAST KNOWN ADDRESS OR PLACE OF BUSINESSCLASS OFSECURITY

NUMBERREGISTERED

KIND OF INTERESTREGISTERED

Alan E. Kirtlink4731 Brandon Woods StreetColumbia, MO 65201

1,866 Shares

Allyn Sher2571 Dozier Station Rd.Columbia, MO 65202

111,937 Shares

Anna Clark RosenJonathon Paul Rosen1005 Wayne RoadColumbia, MO 65203

1,504,051 Shares

Charles L. ChapmanFirst National Bank & Trust8th & BroadwayColumbia, MO 65202

188,954 Shares

Co-Bin Stuhlman3627-A California AvenueSt. Louis, MO 63118

5,597 Shares

D. Michael & Mary Leary60 Chaminade DriveSt. Louis, MO 63141

46,641 Shares

Darwin A. and Axie Hindman1223 Francis DriveColumbia, MO 65201

5,000 Shares

David Goldman860 West Chula VistaTucson, AZ 05102

120,027 Shares

David Westbrook3609 Woods Edge RoadColumbia, MO 65203

5,597 Shares

Dela D. Marshall2409 Cherry Ridge LaneColumbia, MO 65203

3,732 Shares

Health Education LLC910 East Broadway, Ste. AColumbia, MO 65201

1,119,372 Shares

List of Equity Security Holders - Page 1



Case No.In re:




NUMBERREGISTERED


Ian and Allen Thomas2616 Hillshire DriveColumbia, MO 65203

3,732 Shares

J. Caleb Cheavens513 Old Hwy. 63 NorthColumbia, MO 65201

250 Shares

Jerry D. Kennett2801 Pepper Tree LaneColumbia, MO 65201

5,513,573 Shares

John R. PerkinsPerkins Law Office1426 InglenookJefferson City, MO 65109

3,731 Shares

Jon Rosen2000 N. Deerborn CircleColumbia, MO 65203

1,504,052 Shares

Juan Jose PinedaP.O. Box 12749St. Petersburg, FL 33733-2749

27,984 Shares

Judy & Jerry Schermer14 Eubanks CourtColumbia, MO 65203

55,969 Shares

Mary A. Misfeldt4102 S. Wappel DriveColumbia, MO 65201

933 Shares

Matthew P. Kerner1081 RosetaColumbia, MO 65201

4,664 Shares

Michael & Berta London108 Fifer LaneLexington, MA 02173

55,969 Shares

Michael F. KaplanPlastic & Reconstructive Surgery1701 E. BroadwayColumbia, MO 65201

27,984 Shares




Case No.In re:




NUMBERREGISTERED


Myra Ferguson1108 Club Meadows DriveColumbia, MO 65203

1,866 Shares

Natalie K. March5012 Gasconade DriveColumbia, MO 65202

4,664 Shares

Paula Simpson8707 Trails West DriveColumbia, MO 65202

1,866 Shares

Robert & Nina Cutler1355 Club DriveBloomfield Hills, MI 48302

55,969 Shares

Sally & Robert Silvers310 West BurnamColumbia, MO 65203

111,937 Shares

Scott A. & Joan Boessen2101B Walz CourtJefferson City, MO 65101

846 Shares

William Straser97 Columbia Ave.Jamestown, RI 02835

117,907 Shares



Graphic Education Corp. Bankruptcy.pdf

Documents

Transcript of Graphic Education Corp. Bankruptcy.pdf